IT Services

TeamBridge: Revolutionizing HR for Hourly Workers with $28M in Series B Funding

By Business OutstandersPUBLISHED: September 17, 22:21UPDATED: September 17, 22:24
TeamBridge
TeamBridge

Arjun Vora and Tito Goldstein, both with experience on the corporate side of Uber, noticed a significant gap in the HR software space—most systems weren’t designed to manage hourly workers. Many of these employees didn’t have simple tools for essential tasks, like clocking in or updating payment details. After speaking with hundreds of Uber drivers, Vora, a former Salesforce product designer, and Goldstein, who previously led design at Hyperloop, decided to build a platform tailored to these needs.

The result was TeamBridge, a platform designed to modernize HR processes for businesses that depend on hourly staff. According to Vora, "Businesses are under pressure to upgrade their tech, especially as gig economy companies attract their workforce. They need tools to find, engage, and retain employees more effectively." TeamBridge aims to address this challenge by automating HR tasks and providing a seamless self-service app for employees.

On the back-end, TeamBridge offers customizable templates and workflows for onboarding, tracking time off, and other HR functions. Meanwhile, the app allows employees to check and claim shifts, sign legal documents, and communicate directly with their managers. Companies can also personalize the app to fit their specific needs, making it easy for hourly workers to manage their schedules and tasks independently.

Vora explains, "We provide the 'LEGO blocks' to help businesses build custom HR workflows and mobile apps." This flexibility has attracted a growing client base, with notable corporate customers like Convo and Dairy Queen, and over 100,000 hourly workers now using the platform.

TeamBridge’s growth has been impressive. Since launching, the company’s revenue tripled last year and more than doubled again in the first half of 2024. "During times of high demand, our clients need tools to scale their operations," Vora said. "When the market slows down, they focus on automation and efficiency to cut costs. TeamBridge is positioned to meet both needs, depending on what the market requires."

To fuel its next phase of growth, TeamBridge recently secured $28 million in a Series B funding round led by Mayfield, with participation from General Catalyst and Abstract Ventures. This brings the startup’s total funding to $41.5 million. The fresh capital will be invested in product development and doubling the company’s 42-person team over the coming year, according to Vora. With this infusion, TeamBridge is gearing up to further innovate its platform and expand its reach in the evolving HR landscape.